American Water Works Stock Hits New 52-Week High (AWK)

NEW YORK ( TheStreet) -- American Water Works (NYSE: AWK) hit a new 52-week high Thursday as it is currently trading at $32.86, above its previous 52-week high of $32.78 with 469,800 shares traded as of 12:34 p.m. ET. Average volume has been 991,500 shares over the past 30 days.

American Water Works has a market cap of $5.6 billion and is part of the utilities sector and utilities industry. Shares are up 1.8% year to date as of the close of trading on Wednesday.

American Water Works Company, Inc. provides water and wastewater services to residential, commercial, industrial, public, and other customers in the United States and Canada. The company has a P/E ratio of 19.4, above the average utilities industry P/E ratio of 18.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates American Water Works as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full American Water Works Ratings Report.

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